GreenFirst Forest Products (TSE:GFP) Sets New 1-Year Low – Should You Sell?

GreenFirst Forest Products Inc. (TSE:GFP)’s share price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$1.59 and last traded at C$1.71, with a volume of 200 shares. The stock had previously closed at C$1.73.

GreenFirst Forest Products Trading Down 8.1%

The company has a debt-to-equity ratio of 149.36, a quick ratio of 1.06 and a current ratio of 2.11. The company’s 50 day moving average is C$1.87 and its 200 day moving average is C$2.00. The stock has a market capitalization of C$36.83 million, a price-to-earnings ratio of -0.34 and a beta of 1.67.

GreenFirst Forest Products (TSE:GFP) last posted its quarterly earnings data on Tuesday, August 11th. The company reported C$0.24 earnings per share (EPS) for the quarter. The company had revenue of C$96.10 million for the quarter. GreenFirst Forest Products had a negative net margin of 34.66% and a negative return on equity of 184.29%. On average, research analysts forecast that GreenFirst Forest Products Inc. will post 0.05 EPS for the current fiscal year.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.